October 10, 2024
Moonveil, a Layer-2 gaming platform, has revealed details about its upcoming node sale and a significant investment from Polygon Labs. Starting October 22, Moonveil will offer 50,000 nodes to its community. The sale will have two phases: a Whitelist Round beginning on October 22 and a Public Round starting on October 24. Built using the Polygon Chain Development Kit (CDK), Moonveil’s new Layer-2 platform will integrate with the AggLayer for a smooth cross-chain experience, allowing users to interact with various blockchain systems effortlessly.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Moonveil | $2M | October 10, 2024 | Node Purchase, Investment | Polygon | Gaming |
Polygon Labs has invested $2 million in Moonveil, with $1 million allocated to support projects linked to the AggLayer in Moonveil’s gaming ecosystem. The node activation is scheduled for Q1 2025, and these nodes will be crucial for the platform’s decentralization strategy, ensuring data availability, proof verification, and transaction sequencing. After the Token Generation Event (TGE), 25% of the tokens for node operators will be released, with the remaining distributed over three years, plus an additional 5% for community rewards.
About Moonveil
Moonveil is a gaming platform that leverages blockchain technology to create immersive and flexible gaming experiences. Built by a team of industry veterans, Moonveil combines casual gaming with deep, engaging gameplay. Their platform uses the Polygon Chain Development Kit (CDK) and integrates with the AggLayer for seamless cross-chain interactions, allowing users to easily connect with various blockchain systems. Moonveil aims to advance the next era of gaming by offering innovative solutions and supporting a decentralized gaming ecosystem.
Website: https://moonveil.gg/
About Investor
Investor: Polygon Labs
Polygon Labs is a key player in the blockchain industry, focusing on developing Ethereum scaling solutions for the Polygon network. They work on creating scalable, affordable, and secure blockchain infrastructure to support Web3 applications. Polygon Labs collaborates with other developers in the ecosystem to enhance the capabilities of the Polygon protocols, making blockchain technology more accessible and efficient for a wide range of uses.
Location: Cayman Islands
Website: https://polygon.technology/
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